Flash estimates for the Singapore property price index (PPI) in 4Q2020 point to a 2.1% y-o-y rise during the quarter.
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As the Singapore property market maintains its upward trajectory in 4Q2020 despite the country entering the worst recession in 20 years, DBS Group Research analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong has identified four factors that may have contributed to the segment’s robust performance.
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